Housing leaders are naturally interested in knowing how recent cost-cutting efforts by the federal government could be focused upon the U.S. Department of Housing and Urban Development (HUD) and its wide array of programs, including reverse mortgages.
In the first Trump administration, housing officials took a measured but disruptive approach to stem losses to the Mutual Mortgage Insurance (MMI) Fund caused by the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) book of business. But with renewed attention on cost details ⇒
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